Arizona weekly enterprise., 1887-12-31
ARTICLES OF INCORPORATION
 of the FLORENCE CANAL COMPANY.

FLORENCE CANAL COMPANY. We, D. S. Thomas, J. M. Hurley, Charles Hal John Vaile, B. F. Garner, R. H. Mar tin, J. H. Wrampelneir T. J.Wrampelmeir, J. w. R. Stone w J. Linville, R. E. Sloan, Thomas Davis, J. D. Rittenhouse and W. N Crandall, desiring to incorporate ourselves un- der the provisions of the laws of the Territory of Arizona for the purpose of engaging in and transacting the lawful business pursuit and enterprise hereinafter specified, dc adopt these Articles of Incorporation and sign and &C., knowledge the same according to law, and de- clare:
 That the name of the corporators are D. S Thomas, J. M. Hurley, Charles Hall John Vail,e B. F. Garner, R. H. Martin, J. H. Wrampelmeir, T. J. Wrampelmeir, W. R. Stone, w. J. Linville, R. k. Sloan, Thomas Davis, J. D. Rittenhouss and W. N. Gran dall
 The name of the Cooperation saall be the
 FLORENCE CANAL COMPANY, and its principal place of transacting business shall be Florence, County of Pinal, Territory of Arizona.
 The general nature of the business, pursuit occupation and enterprise proposed to be transacted and engaged in by said corporation is building, constructing and maintaining dams, canals, fumes, ditches, conduits, reser- voirs, gates, lateral ditches aqueducts, and such other structures and appliances as may be necess ary or convenient in damming, eel lecting obstructitg, conducting and regulating the flow of water, to appropriate and pUr- chase water and water rights, dams, diJches, canals. fumes, water ways, franchises and all water appliances, to sell water and the uss thereof, water rights and privileges, use and furnish for use water for any agricultural, mining, milling. mechanical, domestic or oth- CT beneficial purpose; to acquire by locatisn, purchase in any other manner lands and real estate CT interest therein, and all other kinds of property, real, personal or mixed, and hold, sell and convey the same; to loan money and borrow money and contract to pay the same ut such time or times and with such rate rates of interest as it's Board Of Directors may see fit; to issue bonds and exc cute mortgages to secure any loans, or for any of its indebtedness, upon any of it's property hereafter acquired, and to pledge and hy- pothecate any of its property to pay any of it's indebtedness or secure any loans. And to ao- quire by purchase from the Florence Canal and Land Company, organized March 8th, | 1886, and known and designated and doing business since the 31st day of July, 1886. at which time its Articles of Incorporation were amended as the the Florence Canal and Wa ter Company, all of its water rights, dams. ditches, gates, fumes, canals, water avs, | franchises and all water privileges, and to ex- tend, enlarge and complete the same. III.
 The amount of the capital stock of this cor poraJion shall be Five Hundred Thousand | (500, ,000) Dollars, divided into Ten Thousand l 100000 shares of Fifty (S50) Dollars each and follows, to-wit:
 | The whole thereof is to be paid immediately upon making the subscription therefor, and no subscription for such stock shall be allowed unless at the time of making the same the l full amount therefor shall be paid in money or | its equivalent.
 Shares of stock of the above mentioned Florence Canal and Water Company shall Do deemed an equivalent, and shall be received by this Corporation as the payment for the stock thereof, al the rate and proportion of Two (Z) Shares of the capital stock of the Florence G. nal and Water Company for One (1) share of the Capital Stock of this corporation.
 The Stock of this Corporation, when issued upon the above conditions is non- -assessable and the words ''non- assessable is to be printed or written upon same at time of issue.
 ".
 The time of the commencement of this cor poration shall be the day of the filing of these | Articles of Incorporation in the office of the Recorder of Pinal County, Arizona Territory and the termination thereof shall be Fifty (50l years thereafter
 H
 The affairs of this Corporation shall be con ducted in accordance with its bylaws, by 2 Board of Five (5l Directors to be elected an nually by tn stockholders on second (2ndl Tuesady of October of each year. No one shall be eligible to the office of Director who is not & stock-holder of this corporation.
 VI.
 The highest amount of liability or indebt- edness direct contingent, to which this cor poraton is at any one time to be subject shall ir no case exceed the of Three Hundred Thousand (S00, ,000) Dollars.
 VII.
 The private property of the members of thi corporation shall not be liable for the eorpo- rate debts of this corporation.
 VIII.
 The Board of Directors shall have power t. establish by laws and make all rules and reg. ulations deemed expedient for the manage ment of the affairs of this corporation, not inconsistent with the constitution and laws oi the United States and the laws of this Terri tory.
 In Witness Whereof, we have hereunto ose; our hands and seals, this 1st day of Septembel A. D., 1887.
 D. S. THOMAS, TSeal
 CHAS. HALL, fSeal
 J. M. HURLEY, fSeal | J0HN VATT,E TCao1